The altcoin market has experienced a significant uptrend over the past few days as Bitcoin price stabilizes around $100,000. This highlights the possibility of a transition from Bitcoin season to altcoin season. In particular, the meme coin category experienced the highest volatility during this period.
Amid increasing price volatility in the crypto market, will Memecoin regain momentum and record a meteoric rise in 2025? And which tokens can you park your money in? In this article, We have explained the market sentiment of SPX6900 and Mogcoin crypto token.
SPX6900 (SPX)
The price of SPX coin rose by ~18% in 24 hours, outperforming all meme coins. Additionally, this meme coin has surged 72.36% in the past 7 days, with a year-to-date return of 75.38%. What is noteworthy is that it holds the 79th place with a market capitalization of $1.42 billion.
TradingView: SPX/USDT
The Simple Moving Average (SMA) always acts as support for the SPX6900 price chart on the daily time frame. Furthermore, the RSI indicator is above the overbought range, suggesting that this meme coin is under more buying pressure than selling.
If bulls continue to dominate the cryptocurrency space, SPX meme coin could hit a new ATH this week and head towards the $2 mark. On the other hand, if the bears outperform the bulls, SPX6900 price could approach the lows of $1.20.
Planning to invest in the biggest altcoins before altseason starts? Read our Ethereum price prediction!
Mogcoin (MOG)
MOG coin price will restart bullishly in 2025 after ending 2024 on a positive note. The meme coin has reportedly surged 35.07% in the past week, and its valuation has increased by 42.91% this year. The trading price is $0.000002923 and the market cap is $1.124 billion.
TradingView: MOG/USDT
The Moving Average Convergence Divergence (MACD) records a constant green histogram, the average of which indicates bullish convergence on the daily time frame. Moreover, the meme coin suggests a positive outlook as the SMA indicator shows a bullish rise.
Sustaining the positive impact could push the price of this meme coin towards the upside resistance level of $0.00000333. Conversely, negative price action could lead to a retest of this week’s low $0.00000211.
Want to know the long-term price outlook for this Ethereum-based meme coin? Read CoinPedia’s Mogcoin price prediction and unravel the mystery to 2030!
FAQ
Will Mogcoin reach $1?
For MOG Memecoin to achieve this price, it would need to surge 34.211 million%. Therefore, it is highly unlikely that this altcoin will reach the $1 mark.
How much is 1 Mog coin?
At the time of writing, 1 MOG token was worth $0.000002923.
How far can SPX6900 go?
A potential surge could see SPX meme coin reach a high of $2 this month.
